Liz Truss announces full asset freeze against Russia’s biggest bank

Eight more oligarchs will also face sanctions and UK oil and coal imports will stop by end of year, says foreign secretary

The UK will impose a full asset freeze on Russia's largest bank and end all imports of oil and coal by the end of the year, the foreign secretary, Liz Truss, has said.

Sanctions will also be imposed on eight more oligarchs, including Moshe Kantor, the largest shareholder of the fertiliser company Acron and Andrey Guryev, the founder of another key fertiliser company, whom the UK described as a close associate of Vladimir Putin.